How do I ensure that our assets are divided fairly in a collaborative divorce?
When deciding how to divide assets in a collaborative divorce in Delaware, the first step is to determine what is fair and equitable. To ensure both parties are satisfied, it is important to compile a list of all of the assets that will be divided, including real estate, investments, and personal property. Both parties should each discuss their needs and priorities from the divorce proceedings, and come to an agreement on how to divide the assets. Delaware also has laws to ensure that both assets and debts are properly accounted for and divided in a way that is fair and equitable. In Delaware, the courts can appoint a mediator to help facilitate the negotiations and help ensure that both parties reach a fair and equitable division of assets. The mediator can provide advice on how to divide the assets, as well as provide a neutral third-party to help both parties remain focused on the task at hand. Both parties should also consider seeking the advice of financial advisors. Financial advisors can provide advice on how to divide assets in a fair and equitable way, including how to calculate alimony payments, and how to value assets. Finally, both parties should seek legal counsel, and each party should hire their own attorney. Attorneys are knowledgeable about the laws in Delaware and they can provide guidance and advice on how to protect one’s interests in the divorce proceedings. They can also ensure that both parties come to an agreement that is legally binding and enforceable.
Related FAQs
What is a collaborative divorce team?What is the role of a neutral third-party in a collaborative divorce?
How do I handle issues of child custody and visitation in a collaborative divorce?
How do I safeguard the financial future of my children in a collaborative divorce?
How do I handle issues of property division in a collaborative divorce?
What are the legal issues associated with a collaborative divorce?
Can a collaborative divorce be reversed?
How do I reach an agreement with my spouse in a collaborative divorce?
How can I ensure that both parties are represented fairly in a collaborative divorce?
How do I ensure that all of our assets are divided equitably in a collaborative divorce?
Related Blog Posts
What Is Collaborative Divorce Law and How Does It Work? - July 31, 2023Exploring the Benefits of Collaborative Divorce Law - August 7, 2023
Pros and Cons of Collaborative Divorce Law - August 14, 2023
An Overview of the Process of Collaborative Divorce Law - August 21, 2023
FAQs for Potential Clients Considering Collaborative Divorce Law - August 28, 2023